CREDIT FACILITY (Tables) - Senior Secured Revolving Credit Agreement

3 Months Ended

Mar. 31, 2026

CREDIT FACILITY

Schedule of credit facility net of prepaid loan structure fees

	March 31, 2026		December 31, 2025
Credit Facility payable	$	241,504,289	$	236,649,288
Prepaid loan structure fees		(3,227,630)		(3,481,928)
Credit Facility payable, net of prepaid loan structure fees	$	238,276,659	$	233,167,360

Schedule of interest expense and amortized loan fees

	For the three months ended
	March 31, 2026			March 31, 2025
Interest expense	$	3,743,733		$	3,889,157
Loan fee amortization		254,298			315,618
Total interest and financing expenses	$	3,998,031		$	4,204,775
Weighted average interest rate		6.3	%		7.2	%
Effective interest rate (including fee amortization)		6.7	%		7.7	%
Average debt outstanding	$	241,440,480		$	220,384,693
Cash paid for interest and unused fees	$	3,898,077		$	3,811,021